SBA Relief Loans for Agriculture Businesses

As of May 4, 2020, the Small Business Administration (SBA) announced that it would now be accepting applications for Economic Injury Disaster Loan (EIDL) advances for up to $10,000 for agricultural businesses with 500 or fewer employees. Historically, the SBA has been prohibited from assisting the agricultural sector during disaster. These are low-interest loans meant to provide relief to businesses impacted by the COVID-19 pandemic, with applications being accepted by agricultural businesses exclusively until further notice.

For any business that has already sent in an application prior to the reopening of this portal, you need not submit again. Your application will be reviewed.

Agricultural businesses includes those businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)).

SBA is encouraging all eligible agricultural businesses with 500 or fewer employees wishing to apply to begin preparing their business financial information needed for their application.